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BroadSoft (BroadSoft) Asset Turnover : 0.13 (As of Sep. 2017)


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What is BroadSoft Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BroadSoft's Revenue for the three months ended in Sep. 2017 was $91.5 Mil. BroadSoft's Total Assets for the quarter that ended in Sep. 2017 was $698.1 Mil. Therefore, BroadSoft's Asset Turnover for the quarter that ended in Sep. 2017 was 0.13.

Asset Turnover is linked to ROE % through Du Pont Formula. BroadSoft's annualized ROE % for the quarter that ended in Sep. 2017 was -3.11%. It is also linked to ROA % through Du Pont Formula. BroadSoft's annualized ROA % for the quarter that ended in Sep. 2017 was -1.53%.


BroadSoft Asset Turnover Historical Data

The historical data trend for BroadSoft's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BroadSoft Asset Turnover Chart

BroadSoft Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Asset Turnover
Get a 7-Day Free Trial Premium Member Only 0.53 0.50 0.52 0.54 0.55

BroadSoft Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.14 0.16 0.12 0.13 0.13

Competitive Comparison of BroadSoft's Asset Turnover

For the Software - Application subindustry, BroadSoft's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BroadSoft's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, BroadSoft's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BroadSoft's Asset Turnover falls into.



BroadSoft Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

BroadSoft's Asset Turnover for the fiscal year that ended in Dec. 2016 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=340.962/( (592.374+651.2)/ 2 )
=340.962/621.787
=0.55

BroadSoft's Asset Turnover for the quarter that ended in Sep. 2017 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=91.473/( (682.045+714.166)/ 2 )
=91.473/698.1055
=0.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


BroadSoft  (NAS:BSFT) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

BroadSoft's annulized ROE % for the quarter that ended in Sep. 2017 is

ROE %**(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-10.696/344.02
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-10.696 / 365.892)*(365.892 / 698.1055)*(698.1055/ 344.02)
=Net Margin %*Asset Turnover*Equity Multiplier
=-2.92 %*0.5241*2.0293
=ROA %*Equity Multiplier
=-1.53 %*2.0293
=-3.11 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

BroadSoft's annulized ROA % for the quarter that ended in Sep. 2017 is

ROA %(Q: Sep. 2017 )
=Net Income/Total Assets
=-10.696/698.1055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-10.696 / 365.892)*(365.892 / 698.1055)
=Net Margin %*Asset Turnover
=-2.92 %*0.5241
=-1.53 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


BroadSoft Asset Turnover Related Terms

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BroadSoft (BroadSoft) Business Description

Traded in Other Exchanges
N/A
Address
BroadSoft provides cloud-based software and services that enable telecommunications-service providers to deliver hosted Unified Communications to enterprise customers. UC-One is the firm's flagship communications and collaboration offering. It integrates real-time communication services such as instant messaging and web conferencing, with non-real-time services such as email and fax. The firm's clients are typically large telecommunications service providers, and their end-customers are enterprises in hospitality, government, education, and healthcare industries. A large majority of the firm's revenue is generated in the United States, but BroadSoft has a sizable presence in Asia-Pacific and Europe.
Executives
Douglas L Maine director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
Gavin Eva Sage director C/O GAP INC., TWO FOLSOM ST, SAN FRANCISCO CA 94105-1205
Andrew M Geisse director 208 S. AKARD ST., DALLAS TX 75202
Gavin John J Jr director
Markley John D. Jr. director COLUMBIA CAPITAL, 201 NORTH UNION STREET, SUITE VA 22314
Dino Dipalma officer: Chief Revenue Officer C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERBURG MD 20878
Patrick Joggerst officer: VP-Worldwide Sales C/O BROADSOFT, INC., 9737 WASHINGTONIAN BOULEVARD, SUITE 350, GAITHERSBURG MD 20878
Charles L Ill director 901 MARQUETTE AVENUE, SUITE 3200, MINNEAPOLIS MN 55402
Robert P Goodman director 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Deer Management Co. Llc 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Andrew M. Miller director 6001 AMERICA CENTER DR., SAN JOSE CA 95164

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